To view the PDF file, sign up for a MySharenet subscription.

MINE RESTORATION INVESTMENTS LIMITED - Application for voluntary suspension of MRIs shares on the JSE

Release Date: 29/07/2016 13:29
Code(s): MRI     PDF:  
Wrap Text
Application for voluntary suspension of MRI’s shares on the JSE

MINE RESTORATION INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1987/004821/06)
Share Code: MRI
ISIN Code: ZAE000164562
(“MRI” or “the Company”)


Application for voluntary suspension of MRI’s shares on the JSE

Shareholders are referred to the announcements dated 7 April 2016, 13 June 2016, 24 June 2016 and
26 July 2016 wherein shareholders were advised that the board of directors of MRI (“the Board”)
continues to explore opportunities to re-establish the Company as a going concern in either its current
or another form.

Shareholders are further advised that as there is no certainty that the potential opportunities pursued
by the Board will reach fruition, the Board cannot conclude with reasonable certainty that MRI will
continue as a going concern in the foreseeable future.

As a consequence of the above, the Company has not been in a position to finalise its annual financial
results for the year ended 28 February 2016.

Having regards to the uncertainty as to the future prospects of MRI and the inability of the Company to
finalise its annual financial results for the year ended 28 February 2016, shareholders are hereby
advised that the Board has applied to the JSE Limited (“JSE”) for the voluntary suspension of MRI’s
shares on the JSE with immediate effect.

Shareholders will be updated in respect of the prospects of the Company as and when appropriate.

Rosebank
29 July 2016


Designated Adviser

Questco (Pty) Ltd

Date: 29/07/2016 01:29:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story